On Jun 27, 2018 UBS Upgrades Lam Research (NASDAQ:LRCX).

June 27, 2018 - By Toni Killen

Lam Research Corporation (NASDAQ:LRCX) Corporate Logo

During Q1 2018 the big money sentiment increased to 1.1. That’s change of 0.02, from 2017Q4’s 1.08. 62 investors sold all, 259 reduced holdings as Lam Research Corporation ratio increased. 223 increased holdings while 131 funds took holdings. Funds hold 138.23 million shares thus 1.88% less from 2017Q4’s 140.89 million shares.

New York-based Alliancebernstein L P has invested 0.09% in Lam Research Corporation (NASDAQ:LRCX). Jane Street Grp Limited Company holds 40,996 shs. North Star Inv Management owns 0.01% invested in Lam Research Corporation (NASDAQ:LRCX) for 275 shs. 6,958 were reported by Camarda Limited Liability. 23,070 were accumulated by Hennessy. Moreover, First Interstate Comml Bank has 0.01% invested in Lam Research Corporation (NASDAQ:LRCX) for 138 shs. Voloridge Investment Management Limited Co holds 0.57% of its capital in Lam Research Corporation (NASDAQ:LRCX) for 119,646 shs. Smithfield Tru Communications reported 0.06% in Lam Research Corporation (NASDAQ:LRCX). State Of Wisconsin Inv Board holds 0.12% of its capital in Lam Research Corporation (NASDAQ:LRCX) for 199,322 shs. 68,941 are held by American Intll Grp. Moreover, Marsico Capital Management has 0.14% invested in Lam Research Corporation (NASDAQ:LRCX). Ameriprise Fincl holds 0.6% or 6.48M shs. Mackay Shields Ltd has 90,066 shs for 0.11% of their capital. Robeco Institutional Asset Management Bv accumulated 0.14% or 145,244 shs. Johnson Finance Group stated it has 0.01% in Lam Research Corporation (NASDAQ:LRCX).

Lam Research Corporation registered $28.53 million net activity with 0 buys and 12 insider sales since January 23, 2018. ARCHER TIMOTHY sold $950,000 worth of Lam Research Corporation (NASDAQ:LRCX) or 5,000 shs on Tuesday, May 1. 25,453 Lam Research Corporation (NASDAQ:LRCX) shs with value of $5.47 million were sold by Varadarajan Seshasayee. LORD PATRICK J sold $987,770 worth of stock or 4,656 shs. On Wednesday, March 7 $3.54M worth of stock was sold by Gottscho Richard A. 10,000 shs were sold by O’Dowd Sarah A, worth $2.24M.

UBS Increased Lam Research (NASDAQ:LRCX)’s Stock Rating to Buy.

On Tuesday, 26 June Lam Research (NASDAQ:LRCX)‘s rating was upgraded from Neutral to Buy. The change by UBS was issued in a research note.

Lam Research Corporation (NASDAQ:LRCX) Ratings Coverage

A total of 19 analysts rate Lam Research (NASDAQ:LRCX) as follows: 18 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 95% are bullish. (NASDAQ:LRCX) has 29 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Tuesday, January 16 the stock of Lam Research Corporation (NASDAQ:LRCX) has “Positive” rating given by Susquehanna. In Wednesday, January 24 report KeyBanc Capital Markets maintained it with “Buy” rating and $261.0 target. On Thursday, January 25 the rating was maintained by Stifel Nicolaus with “Buy”. On Thursday, January 25 Deutsche Bank maintained the shares of LRCX in report with “Buy” rating. On Thursday, January 25 the rating was maintained by RBC Capital Markets with “Buy”. On Thursday, January 25 JP Morgan maintained the shares of LRCX in report with “Overweight” rating. On Wednesday, June 13 the stock has “Sector Perform” rating by RBC Capital Markets. On Wednesday, April 18 the firm earned “Buy” rating by FBR Capital. The company rating was maintained by Susquehanna on Tuesday, March 6. In Wednesday, April 18 report Credit Suisse maintained the stock with “Outperform” rating.

LRCX hit $173.025 during the last trading session after $0.905 change.Lam Research Corporation has volume of 780,062 shares. Since June 27, 2017 LRCX has risen 31.27% and is uptrending. LRCX outperformed the S&P500 by 18.70%.

Lam Research Corporation (NASDAQ:LRCX)’s earnings release is expected by WallStreet on July, 25, Faxor reports. Analysts predict $5.00 earnings per share, which is $1.89 up or 60.77 % from 2017’s $3.11 earnings per share. This could hit $820.23 million profit for LRCX assuming the current $5.00 earnings per share will become reality. Analysts at Wall Street see Lam Research Corporation’s 4.38 % EPS growth compared to $4.79 earnings per share for previous quarter.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide.The firm is worth $28.38 billion. The firm offers thin film deposition products, including SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-enhanced chemical vapor deposition and atomic layer deposition systems to deposit oxides, nitrides, and carbides for hardmasks, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; and Striker atomic layer deposition systems that deliver conformal dielectric films for spacer patterning and liner applications in various advanced memory and logic structures.16.82 is the P/E ratio. The Company’s thin film deposition products also comprise SPEED high-density plasma CVD products for applications in shallow trench isolation, pre-metal dielectrics, inter-layer dielectrics, inter-metal dielectrics, and passivation layers; and SOLA ultraviolet thermal processing products for treatment of back-end-of-line (BEOL) low-k dielectric films and front-end-of-line silicon nitride strained films.

For more Lam Research Corporation (NASDAQ:LRCX) news announced briefly go to: Seekingalpha.com, 247Wallst.com, Nasdaq.com, Investorplace.com or Investorplace.com. The titles are as follows: “Lam Research Is A Huge Buy” announced on June 13, 2018, “Why Nvidia Still Trumps AMD, Intel and Other Chip Names at Current Prices” on June 26, 2018, “Consolidated Research: 2018 Summary Expectations for Antero Midstream Partners LP, Lam Research, TransUnion …” with a publish date: June 18, 2018, “20 Massively Underpriced Stocks Wall Street Expects to Soar” and the last “5 All-Star Dividend Stocks for Any Portfolio” with publication date: June 26, 2018.

Lam Research Corporation (NASDAQ:LRCX) Institutional Investors Chart

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